Ibersol SGPS S A : Resolution of the Shareholder´s Annual General Meeting 29/06/2020

IBERSOL S.G.P.S., S.A.

IBERSOL S.G.P.S., S.A.

Registered Office: Praça do Bom Sucesso, 105/159, 9º, Porto

Share Capital : € 36.000.000

Porto Commercial Registry and Fiscal Number 501669477

Publicly Listed Company

MATERIAL INFORMATION

RESOLUTIONS OF THE SHAREHOLDER'S ANNUAL GENERAL MEETING ON 29THJUNE 2020

Under terms of 249tharticle of the Portuguese Securities Code and CMVM´s Regulation nr. 5/2008, IBERSOL SGPS, SA. informs its Shareholders and the Market in general, that in the Company's Annual General Meeting held on 29thJune 2020, the Shareholders resolved to approve:

I.Regardingpoint 1.of the Agenda it has been approved: - the Management Report, Individual and Consolidated Accounts and respective annexes for the year 2019, as presented by the Board of Directors;

II.Regardingpoint 2.of the same Agenda, it has been approved the following proposal of application of year-end net Results 2019 in the amount of € 11,081,720.77:

- Legal Reserve: € 554,087.00;

- Free Reserves: € 10,527,633.77;

III.Regardingpoint 3.of the Agenda, it has been approved a vote of appraisal and confidence to the company's management and supervision bodies by the management of the company's exercise in the year 2019.

IV.Regardingpoint 4.of the Agenda, it has been approved the Board of Directors proposal upon the purchase and sell of Company's own shares up to the legal limit of 10%.

V.Regardingpoint 5.of the Agenda, it has been approved the Board of Directors proposal upon the purchase and/or shareholding of representative shares of the Company's share capital, by companies that in the purchase moment are directly or indirectly affiliated to the Company, under nº 2 of article 325-B and article 486 of the Companies Code, and article 21 of the Security Code.

VI.Regardingpoint 6of the Agenda, it has been approved the proposal of the renewal of powers conferred to the Board of Directors by article four, number two of the Company's Association Articles so that this corporate body may resolve in the next five years to increase the share capital, by one or more times, up to one hundred million euros.

IBERSOL - S.G.P.S., S.A.

SEDE SOCIAL

Ed. Península, Praça do Bom Sucesso, nº 105/159 9º 4150 - 146 PORTOTlf: 351-22-6089700 Fax: [phone]

Capital Social 36. 000 000 Euro C.R.C. Porto (Matricula No. 51.117) Pessoa Colectiva no. 501 669 477 Sociedade Aberta

IBERSOL S.G.P.S., S.A.

VII.Regardingpoint 7.of the Agenda it has been approved the Remuneration Committee and the Board of Directors Declarations respectively upon the management and supervision bodies remuneration policy, as well as the appreciation of the remuneration policy of other Directors.

OPorto, June 29th2020.

The Board of Directors,

(António Carlos Vaz Pinto de Sousa, Dr.) ( António Alberto Guerra Leal Teixeira, Dr.)

IBERSOL - S.G.P.S., S.A.

SEDE SOCIAL

Ed. Península, Praça do Bom Sucesso, nº 105/159 9º 4150 - 146 PORTOTlf: 351-22-6089700

Fax: [phone]

Capital Social 36. 000 000 Euro C.R.C. Porto (Matricula No. 51.117) Pessoa Colectiva no. 501 669 477 Sociedade Aberta